On January 1, 2020, Sheridan Company hac Accounts Receivable $138,800, Notes Receivable $40,800, and Allowance for Doubtful Accounts $28,810. The nate receivable Is from Willingham Company. It is a 4-month, 9% nate dated December 31, 2019. Sheridan Company prepares financial statements annually at December 31. During the year, the folowing selected transactions occurred. Jan. 5 Sold $34,000 of merchandise to Sheldon Company, terms n/15. 20 Accepted Sheldon Company's $34.900, 3-month, 7% note for balance due Feb. 19 Sold $23,600 of merchandise to Patwary Company and accepted Patwary's $23,800, 6-month, % note for the amount due Apr. 20 Collected Sheldon Company note in full. 20 Received payment in full from Willingham Company on the amount due May 25 Accepted Potter Inc.'s $20,200, 3-month, 6% note in settlement of a past-due balance an account. Aug. 18 Received payment in full from Patwary Company on note due. 25 The Potter Inc. note was dishonored. Potter Inc. is not bankrupt; future payment is anticipated. Sept. 1 Sold $12,600 of merchandise to Stanbrough Company and accepted a $12,600, 6-month, 9note for the amount due. Journalize the transactions. (Omit cost of goods sold entries.) (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit Accounts Payable Accounts Receivable Allowance for Doubtful Accounts Bad Debt Expense Cash Cost of Goods Sold Income Summary Interest Receivable Interest Revenue Inventory Notes Receivable Other Operating Expenses Owner's Capital Prepaid Insurance Sales Discounts Sales Returns and Allowances Sales Revenue Service Charge Expense Supplies Supplies Expense